📈 Market Trend📉 : Trend Reversal and positive trend💯
💲 Dollar 💱 :📈 Green.
🛢️Oil Price🛢️: Green. Trying to break resistance.
🏢 Institutional Investors : Neutral 📈
DIIs buying. FIIs selling
🟩Nifty Support : 18197 🟥Nifty Resistance : 18340
🟩Banknifty Support : 49587 🟥Banknifty Resistance : 41829
👨💻 Tomorrow’s Plan :
🔰 Institutions taking opposite moves 🔰US markets bullish with profit booking 🔰Buy the dip ✅✅✅ 🔰Metals have started rally. Pharma to follow. 🔰Bank nifty indecision persisting with sideways movement.🙌🏻
✅™️✅Nifty has likely went into trend reversal. Expect some positive movements until 18500. Short covering had almost started by the time session ended but it was too late to gain momentum. Call writers would still want nifty to stay below 18300. This makes tomorrow's session crucial. Make it or break it. A gap opening is on the cards. Likely move would be a gap up with some covering of the gap but nothing bearish. Try to avoid bank nifty in the first hour.
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